Bulgarian Lev in Panamanian Balboa

BGN Bulgarian Lev

Country of application:
Bulgaria

Coin denominations in circulation:
1 lion, 50, 20, 10, 5, 2 and 1 stotinka.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5 and 2 levs.

History reference:
Bulgarian Lev. The first coins and banknotes were issued at the end of the nineteenth century. In the everyday life of modern Bulgaria there are seven denominations of coins and six denominations of ...banknotes, sample of 1999. During the first seven or eight years of the existence of the lev, coins made of gold and silver were issued into circulation, and in 1928 the equality “1 lev \u003d 10.8695 mg of gold” was established. The 2nd World War made adjustments to the countrys economy. Occupied Bulgaria exchanged the national lev for the Reichsmark at a rate of 33.0:1. Liberated by the Soviet troops, Bulgaria changed its money again, but this time to the Soviet ruble (15:1). After the end of World War II, within two to three years, the exchange rate of the lev against the dollar rose to the level of 120.00-150.00 leva per dollar. The population did not have the opportunity to freely exchange money, even at such a rate.

PAB Panamanian Balboa

Country of application:
Panama

Coin denominations in circulation:
1 and 5 centesimos, 0.1, 0.25, 0.5, and 1 balboa.

Denominations of banknotes in circulation:
-

History reference:
The Balboa is the currency of the Republic of Panama. Panama money got its name from the Spanish conquistador Vasco Nunez de Balboa, the first European to cross the Isthmus of Panama from the Atlanti...c to the Pacific coast. With the independence of Panama in 1904, it became necessary to introduce a new currency to replace the Colombian peso. The balboa became such a currency. Until 1934, it was relatively independent and had a certain gold content (1.5048 g of pure gold), later a firm 1:1 ratio with the US dollar was established, which has been maintained to this day.